Question: URGENT! PLEASE SHOW WORK DO NOT USE EXCEL TO GET ANSWER THANK YOU! To illustrate, Bob Boyd has developed and copyrighted tutorial software for students

URGENT! PLEASE SHOW WORK DO NOT USE EXCEL TO GET ANSWER THANK YOU! To illustrate, Bob Boyd has developed and copyrighted tutorial software for students in advanced accounting. He agrees to sell the copyright to Campus Learning Systems for 6 annual payments of $5,000 each. The payments will begin 5 years from today. Given an annual interest rate of 8%, what is the present value of the 6 payments?

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